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we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying to deal with the fiscal cliff. so is president obama. all anybody is talking about is all of the latest with the david petraeus sex scandal. think about it. two generals, two famous generals, two top generals, two women. you got politics involved. you got the military involved. you got maybe national security documents involved. i'm telling you, how long before we see the hollywood movie? which is going to be first? the book or the movie or the tv series? who knows. maybe all three. we'll get into that and a whole lot more here on our "full court press." we've got the ground covered for you from politics to
we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying...
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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john boehner shouldn't have a press conference. get john boehner at a small group of congressman together and say whatan we work out? all we're doing is playing politics, everybody will get locked into one position or another, let's see what we can work out and then announce it is something we have agreed upon. that is the way you do it, instead you'rsteadier quebec thy politics that di't produce what we needed to have. neil: what worries me is this hope is dashed. >> they should have put together bipartisan group, all they're doing is put on defensive by the self-interest groups they are meeting with. does not make much sense. neil: they made it very clear, nothing from us. and he owes them, right? >> they got him reelected. neil: time is urgent, timto say time is wasting. >> who didn't have to completely ignore the political thank you, but if you sttrt off and have couple of meetings with the leers of the democrats in the house and the republicans in the house and in the senate, and do it on a bipartisan basis. the only way it wi
john boehner shouldn't have a press conference. get john boehner at a small group of congressman together and say whatan we work out? all we're doing is playing politics, everybody will get locked into one position or another, let's see what we can work out and then announce it is something we have agreed upon. that is the way you do it, instead you'rsteadier quebec thy politics that di't produce what we needed to have. neil: what worries me is this hope is dashed. >> they should have put...
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rather, can john boehner, i like the term herd cats in a wheel barrow in this one? >> if he's determined to do so, i think he can. the key here is mitch mcconnell in the senate. he's up for re-election in 2014. he is the key. both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first statement election night after president obama won, to say the least not very generous. >> not quite bipartisan. >> if mcconnell holds to that line, then big trouble for the obama agenda and for what boehner and others hoped to accomplish and big trouble for the country. some things you feel congress is so out of touch, i don't know how they could be after this election but, you know, there's out of date as these belt and slacks men used to wear. >> the metaphors are beautiful. >> belts and slacks. >> i love it. >> but i actually think there is a lot of truth there, which is they have th
rather, can john boehner, i like the term herd cats in a wheel barrow in this one? >> if he's determined to do so, i think he can. the key here is mitch mcconnell in the senate. he's up for re-election in 2014. he is the key. both for president obama and for the house majority leader boehner. mitch mcconnell at least in public he tendses to look at president obama like a hitchhiker with pets or something. he doesn't want anything to do with him. if he continues to hold it, his first...
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already we're seeing certainly that in the case of john boehner and the big question for everyone is whether or not he can get his rather radical troops in the house in line. they have to make a deal. they will make a deal. the business community that supports both parties wants a deal. i am hoping that the president will hold to his principles this time and get a deal that is good for the country. the republicans will have to give up a lot. we're seeing signs that they might. >>tavis: you said to three thins that you always do when you open your mouth. let me pick on some things and get you back on package. tell me what you believe republicans will not do the opposite of compromise which is to dig their heels in. when somebody takes this kind of shocking, there are two ways to respond, gracefully or arrogant way. pompously. tell me why you believe they are not going to dig their heels in, looking there ones after this election verses compromising and getting along with the president regrets over the long term the me not and they may well dig their heels in. we do not know yet and i
already we're seeing certainly that in the case of john boehner and the big question for everyone is whether or not he can get his rather radical troops in the house in line. they have to make a deal. they will make a deal. the business community that supports both parties wants a deal. i am hoping that the president will hold to his principles this time and get a deal that is good for the country. the republicans will have to give up a lot. we're seeing signs that they might. >>tavis:...
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dana, on the planet republican, john boehner was just re-elected to the speakership. he seems to think with his re-election comes the bigger mandate. is he serious? does he even have a mandate among hits own house republicans? >> i'm sure the voters of john boehner's district near cincinnati, ohio, do -- have given him a mandate to do exactly what he's doing. but he needs to represented the entire country when he's speaker of the house. >> oh, yes. cue remind him of that? >> there has to be a little bit of a game going on after the election. as both sides lay out their positions here. the president, i think, was doing some justifiable chest-thumping today saying, look, guys, i won this election last week. he's not budging on his position. it appears, as a matter of policy, the republicans are at least showing some indication to move, even while attempting to rhetorically deny the president this mandate. >> that's a contortion. paul ryan is leading the charge. here he is about his own shellacking. >> you don't think there's a mandate? >> i don't, because they would hav
dana, on the planet republican, john boehner was just re-elected to the speakership. he seems to think with his re-election comes the bigger mandate. is he serious? does he even have a mandate among hits own house republicans? >> i'm sure the voters of john boehner's district near cincinnati, ohio, do -- have given him a mandate to do exactly what he's doing. but he needs to represented the entire country when he's speaker of the house. >> oh, yes. cue remind him of that? >>...
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obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a
obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we...
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house republicans re-elected john boehner as speaker so he's sure to be a major player in negotiations again. time to "backspin." we have all the same people in power. i want to start by saying, look, i do not have the appetite for the fighting that we saw over the past four years. >> good. >> thought it was childish. i do not think compromise, the "c" world is a dirty one. the idea there's a mandate is a little flawed, for a number of reasons. the mandate for obama to go forward was certainly rubber stamped by his voters, but clearly romney's voters would say there's a man daylight for t -- mandate for the republican voters as well. they voted for that message. and when people voted for obama and people voted for romney, they were both saying these are the messages we want you to put forward. if obama moves to the right, who's he representing? not the folks who voted for him. if romney moves to the left, who's he representing? not the folks that voted for him. coming to the middle seems arbitrary like you're representing no one. i think the real thing to say is that both parties need
house republicans re-elected john boehner as speaker so he's sure to be a major player in negotiations again. time to "backspin." we have all the same people in power. i want to start by saying, look, i do not have the appetite for the fighting that we saw over the past four years. >> good. >> thought it was childish. i do not think compromise, the "c" world is a dirty one. the idea there's a mandate is a little flawed, for a number of reasons. the mandate for...
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harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. gives you a low national plan premium... so you can focus on what really matters. call humana at 1-800-808-4003. >>> breaking news this morning. we have the angus king news, nancy pelosi news, lots of other stuff on our radar. democrats are keeping a close eye on the vote tally in arizona and senator scott brown is hinting at his political future. first as new members make their way to capitol hill, allen west continues to fight for his seat. west has now filed a complained in st. lucie county y
harry reid, mitch mcconnell, john boehner, nancy pelosi, president obama. market rundown is next plus our daily rundown of undecided races including which democrat is being vetted on the hill though his race isn't officially over. first today's trivia question. who is the only speaker of the house to be elected president? [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100...
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising taxes on the upper income americans does not add up.
. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find...
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the first happen sunday morning at the top john boehner in columbia, and the shooting here early this morning at the wal- mart being described as a commercial armed robbery. the suspect you are left evidence. >> i heard about the shooting on the radio while i was dri >> imagine the terrifying ride as she came to pick up her son who works at the walmart overnight. a drive she makes every day but on the statius emotional. >> it doesn't give me a good feeling right now. >> were some along with other employees and customers were inside the store when a 28 year old manager was accosted by a lone gunman. the masked gunman demanded cash and forced the manager outside and shot him once in the chest and then police made a startling discovery not far from here. >> there was a vehicle and the area, we are treating that as a possible suspect vehicle. no one was allowed in or out of the parking lot for several hours. >> really hectic. backed up. >> all of them were eventually killed by other managers to stay quiet. we found shocked and confused customers. the suspect described as a white male is s
the first happen sunday morning at the top john boehner in columbia, and the shooting here early this morning at the wal- mart being described as a commercial armed robbery. the suspect you are left evidence. >> i heard about the shooting on the radio while i was dri >> imagine the terrifying ride as she came to pick up her son who works at the walmart overnight. a drive she makes every day but on the statius emotional. >> it doesn't give me a good feeling right now. >>...
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harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing
harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest...
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as bill clinton might say, it's just arithmetic. >> john boehner is making his bid for speaker of the house official in eye letter sent to his colleagues he says his priorities are taking on the president and democrats in the senate. he calls house republicans the last line of defense. mitch mcconnell is already thinking about 2014. the day after the election he held a fund-raiser for 1,000 bucks a person you could attend the reception. and here's a great perk about being first lady. michelle obama didn't want to wait until january to watch the third season of "downton abbey" so it sent dvds to the white house. the three of us are -- with hands on hips, where's ours? where's ours? >> if you read only one thing this morning, today's must read is courtesy of the national constitution center, which argues in a fascinating article why the petraeus affair has nothing on the nation's first sex scandal, hint, it included a duel and it's up on our facebook page alt facebook/jansingco. borm the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker
as bill clinton might say, it's just arithmetic. >> john boehner is making his bid for speaker of the house official in eye letter sent to his colleagues he says his priorities are taking on the president and democrats in the senate. he calls house republicans the last line of defense. mitch mcconnell is already thinking about 2014. the day after the election he held a fund-raiser for 1,000 bucks a person you could attend the reception. and here's a great perk about being first lady....
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lori: what do you think takeaway -- >> by the way neither can john boehner, good point. what is the takeaway among the best solutions for the fiscal cliff among all the people you talk to? >> the most intelligent thing to do here, i know a lot of people won't like this, to defer the decision until people come in with a new congress. we have a new congress coming in with the president beginning his second term and take at least section to nine months to resolve the tax --. melissa: here comes the president right now. first news conference since re-election. let's listen in. >> i hear you have some questions for me but, let me just make a few remarks at the top and then i will open it up. first i want to reiterate what i said on friday. right now our economy is still recovering from a very deep and damaging crisis. so our top priority has to jobs and growth. we've got to build on the progress that we've made because this nation succeeds when we've got a growing thriving middle class. that is the idea a the core of the plan that talked about on the campaign trail over the l
lori: what do you think takeaway -- >> by the way neither can john boehner, good point. what is the takeaway among the best solutions for the fiscal cliff among all the people you talk to? >> the most intelligent thing to do here, i know a lot of people won't like this, to defer the decision until people come in with a new congress. we have a new congress coming in with the president beginning his second term and take at least section to nine months to resolve the tax --. melissa:...
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. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: bainer and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead raising their tax rates. >> we are not going to hurt our economy and make job creation more difl which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach your
. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: bainer and other top...
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the decision we had before that lobbying effort started and it's bipartisan i mean we saw howard dean john boehner i mean all these people tens of thousands of dollars lobbied by the i mean ted to speak on behalf of them really goes all across the board and it really makes the rhetoric meaningless when you see the amount of money being funneled into shape the narrative ben freeman thank you so much extremely important everyone check out the book thanks for coming on thank you very much. so if you like what you see so far go to our you tube channel at youtube dot com plus breaking the set and subscribe check out our facebook page at facebook dot com slash for. in the set you know the nature of the internet is that he is going to hate and troll is going to troll if you're intelligent you can always write in let me know what you think also if you're wondering about what i'm doing when i'm not on air follow me on twitter and abby martin and they take a break from my preaching for now but stay tuned to hear exactly what this fiscal cliff talk is all about next. to sit in. my daddy. a lot of. do
the decision we had before that lobbying effort started and it's bipartisan i mean we saw howard dean john boehner i mean all these people tens of thousands of dollars lobbied by the i mean ted to speak on behalf of them really goes all across the board and it really makes the rhetoric meaningless when you see the amount of money being funneled into shape the narrative ben freeman thank you so much extremely important everyone check out the book thanks for coming on thank you very much. so if...
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boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in the white house even if you take off the last disastrous year of the bush administration from adequate. if republicans really want to protect the interests of small businesses and strengthen our economy and shouldn't they let the bush tax cuts expire joining me now is neil aspirate an entrepreneur and host of truth for america no welcome hey tom they're having me back thanks for joining us pardon my coffee. why do you why do you want to see small businesses fail why not why not bring them the success the bill clinton did that's why we got to lower taxes tom everybody who wants to raise taxes has
boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in...
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house speaker john boehner is holding a news conference about the house republican elections. kathy mcmorris rodgers has been elected to be house g.o.p. conference chairman and beat tom price who was endorsed by paul ryan who was the republican vice presidential nominee. and a couple of leadership positions will stay the same, including majority leader eric cantor and house whip kevin mccarthy. we are waiting to hear more about the elections. >> we are waiting to hear what happened from house speaker john boehner. a bit of background, one house republican sought to nominate newt gingrich for house speaker. we will have speaker boehner shortly. nancy pelosi announced that she plans to stay on as the leader of the house democrats and made the announcement at a press briefing and said, quote, i wouldn't think of walking away. we will watch that now while waiting for speaker boehner. >> i think that means most of them are here. good morning. more are coming. more are coming. yesterday, when we gathered here, i began my comments standing here with our new members of congress by say
house speaker john boehner is holding a news conference about the house republican elections. kathy mcmorris rodgers has been elected to be house g.o.p. conference chairman and beat tom price who was endorsed by paul ryan who was the republican vice presidential nominee. and a couple of leadership positions will stay the same, including majority leader eric cantor and house whip kevin mccarthy. we are waiting to hear more about the elections. >> we are waiting to hear what happened from...
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...
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look at how scripted john boehner had to be when he said revenue. where democrats fell out of their chairs. he had to do it with a t ee teleprompter. >> god bless him. raising tax rates is not the answer to this. >> but you know what, look. i know karen, other democrats believe they got this great mandate. but house republicans believe they got a mandate to put a check and balance on senate democrats as well as the president. so we are going to have to have a compromise for a change. >> we have a mandate and for president obama you would hope that he would start thinking now about what is his legacy and does he want to leave office with a terrible economy. i don't think in year eight he is going to be able to blame george bush. he ought to start thinking about economic growth. this is probably the least harmful way. > exit polls show that that george w. bush hurt romney tremendously. >> the polls are the polls. but the point i'm making in the second term, it is president obama's don mi aeconomy and def. he is going to have himself a hard time. thank
look at how scripted john boehner had to be when he said revenue. where democrats fell out of their chairs. he had to do it with a t ee teleprompter. >> god bless him. raising tax rates is not the answer to this. >> but you know what, look. i know karen, other democrats believe they got this great mandate. but house republicans believe they got a mandate to put a check and balance on senate democrats as well as the president. so we are going to have to have a compromise for a...
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john boehner, he said it's going to take a long time to work this out. let's keep in mind here that will cost every american family $3500. what can you do by december 31? >> well, we can pass the republican bill that came through the house that is sitting in the senate. the economy is still going the wrong way. we have more americans on food stamps than ever before in history, and all he wants to do is talk about raising taxes. gerri: congressman cummings a pleasure to talk you tonight. thank you for coming on. >> absolutely. gerri: president obama pushing his tax agenda. but who didn't earn a seat at the table? small business. big mistake, mr. president, that's what my next guest says. he is the president of the american business week. welcome to the show. it is great to have you here. i was shocked. we have all big fortune 500 companies going into that room. the missing players were wall street, and also small business. >> i would tell them that einstein says we can't solve problems by using the same kind of thinking. obama went to big businesses a cou
john boehner, he said it's going to take a long time to work this out. let's keep in mind here that will cost every american family $3500. what can you do by december 31? >> well, we can pass the republican bill that came through the house that is sitting in the senate. the economy is still going the wrong way. we have more americans on food stamps than ever before in history, and all he wants to do is talk about raising taxes. gerri: congressman cummings a pleasure to talk you tonight....
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house speaker john boehner kicked things off there. nothing directly in terms of commenting about what the president said today about wanting to raise the tax rates on the highest income earners. the american people need to see us act courageously and lead boldly and expects the president to do the same. >> the president didn't say much. the president was very vague. he didn't say anything about spending cuts and didn't talk about entitlements but just about doubling up the tax bigs. that sounds like a guy who is digging in. it doesn't sound constructive on a day when i thought the president was very aggressive and his tone did not send one conciliatory feel. >> sounds like stalemate. >> that's digging in your heels. i don't think that is particularly market bullish. >> not given the action we saw today. >> thanks for stopping by. it is time to set the record straight when it comes to net flex. how likely is a deal? our traders have answers. big lockup expiration brings a day of reckoning for facebook. telling you what to watch for. ho
house speaker john boehner kicked things off there. nothing directly in terms of commenting about what the president said today about wanting to raise the tax rates on the highest income earners. the american people need to see us act courageously and lead boldly and expects the president to do the same. >> the president didn't say much. the president was very vague. he didn't say anything about spending cuts and didn't talk about entitlements but just about doubling up the tax bigs. that...
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you worked for many years with speaker john boehner. what advice would you give him? guest: without abandoning principle -- people seem to lose sight of, if you look $5 trillion reduction in the deficit, new revenues needs to be a part of that. my perspective is you broaden the base of taxpayers, and you get rid of the underwriting. you could raise that money. on the democrat side they want to tax the to% of wage earners. people back out rich in this country did not get rich by being stupid. you will cause them to start looking for loopholes and deductions. there is a way to get there. where there is a will, there is a way. host: congressman sander levin encouraged us to talk about what these loopholes might be. sinn fein is like deductions for mortgage, education, -- should things like deductions, mortgage, education, should they be on the table? guest: they should be on the table, but not for the middle class. in the last congress, we got 38 votes. what that says this may be for somebody making $2 million, living in a five million-dollar house, maybe do not need the
you worked for many years with speaker john boehner. what advice would you give him? guest: without abandoning principle -- people seem to lose sight of, if you look $5 trillion reduction in the deficit, new revenues needs to be a part of that. my perspective is you broaden the base of taxpayers, and you get rid of the underwriting. you could raise that money. on the democrat side they want to tax the to% of wage earners. people back out rich in this country did not get rich by being stupid....
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house speaker john boehner has less support each day for a hard line approach. republican opposition to tax increases is slipping in congress. anti-tax lobbyist grover norquist no longer as a majority of supporters in either chamber. "the hill" says newly elected republicans refuse to sign the anti-tax pledge during the campaigns and another handful of returning republicans have disavowed their alliance to the written commitment. it's about time. at least they paid attention to the election. today bobby jindal scolded the entire party for the approach to the economy. hold it right there. this comment, he sewer sounds like a democrat. we've got to make sure that weren't the party of big business, big banks, big wall street bailouts, big corporate loophole, big anything. we cannot be, we must not be the party that simply protects the rich so they get to keep their toys. bobby, come on over to the good side, dude. you're talking like a conservative democrat. momentum is on the president's side. he just needs to know how motivated his allies are. the hard work didn'
house speaker john boehner has less support each day for a hard line approach. republican opposition to tax increases is slipping in congress. anti-tax lobbyist grover norquist no longer as a majority of supporters in either chamber. "the hill" says newly elected republicans refuse to sign the anti-tax pledge during the campaigns and another handful of returning republicans have disavowed their alliance to the written commitment. it's about time. at least they paid attention to the...
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and that is double the amount that john boehner reportedly offered him when they were trying to avoid the fiscal cliff last summer. one wonders whether, given that he just re-won the white house -- the president thinks he's in a better position to convince john boehner? reporter: well, it will be interesting to see. there has been talk that he might start on the campaign trail again. he might hold rallies after thanksgiving. saying that we need to war money from the people that make a higher income. this is back in august of 2011, part of the debt deal negotiations. that is what blew up those talks. the idea of 1.6 billion -- things will change. but as of right now, that would be an absolute nonstarter among senators on capitol hill. megyn: these republicans, many of them were reelected. i am to say that they have a mandate from their constituents to keep doing what they have been doing. particularly in not raising taxes, which is such a thorny issue over the past few years. notwithstanding the fact that when you survey the majority of americans, they want to see taxes go up on the ri
and that is double the amount that john boehner reportedly offered him when they were trying to avoid the fiscal cliff last summer. one wonders whether, given that he just re-won the white house -- the president thinks he's in a better position to convince john boehner? reporter: well, it will be interesting to see. there has been talk that he might start on the campaign trail again. he might hold rallies after thanksgiving. saying that we need to war money from the people that make a higher...
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what the white house is saying and this matters for these negotiations, john boehner's position is he is open to revenue, but not if it includes increasing the top tax rate. he is only doing it through some mystery process of tax reform where you have a large amount of revenue, but still at 35% of the top tax rate or if boehner has his druthers, have a lower tax rate, maybe 28% as in simpson-bowles. the white house doesn't think the math will work out. they believe even when it can, you have to do such radical things like eliminating charitable deduction at the top brackets entirely, it wouldn't be worth doing if you could. their view, it is not a compromise to say in a future tax reform process you're going to get that money, they're not going to sign anything that doesn't include the top tax rate going up at the end of december. >> justin, you were in the room with the president today. can you confirm that quote that the huffington post has, i am not going to budge, i said in 2010 i'm going to do this once and i meant it? >> i actually don't remember if those are his exact words, an
what the white house is saying and this matters for these negotiations, john boehner's position is he is open to revenue, but not if it includes increasing the top tax rate. he is only doing it through some mystery process of tax reform where you have a large amount of revenue, but still at 35% of the top tax rate or if boehner has his druthers, have a lower tax rate, maybe 28% as in simpson-bowles. the white house doesn't think the math will work out. they believe even when it can, you have to...
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hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers who, in some cases have had no power for two weeks. the feds say only about 25,000 customers in the storm zone are still in the dark only. certainly a major improvement since just yesterday when the number was three times that. but today as the new york city mayor michael bloomberg pointed out that figure does not include tens of thousands of homes and businesses that are destroyed or too badly damaged for crews even to restore electricity. >> the majority of new yorker who's remain without power do so not because the utilities can't provide power on the st
hosted by the speaker of the house, john boehner. shep? >> shepard: mike emanuel live on capitol hill. just in to fox news from the o really file? the chief operating officer of the long island power authority or lipa is stepping down in the wake of super storm sandy. this comes on the same day an attorney filed a lawsuit against lipa claiming negligence in the aftermath. and the attorney is seeking class action status potentially including hundreds of thousands of long island customers...
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and the president at least for now reer to to reer toicly -- >> john boehner is listening to the future, he's listening to his party -- >> reporter: they want a deal. >> they want a deal. do you think the republicans are listening to the brains out like this like kristol and other thinkers, do you think they're willing to say we've been to prejudice to the rich. is that foreseeable? >> reporter: here's what i can tell you. when you talk to leadership and do reporting on that, they want a deal. they're ready for a deal. and they're not that far off. the problem is, can you find a minimum -- let's just say a minimum of 35 house republicans who can commit themselves to voting for a raise of tax rates. it would be and could be primary suicide for those 35 republicans. because we know these gerry man der districts. that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came thr
and the president at least for now reer to to reer toicly -- >> john boehner is listening to the future, he's listening to his party -- >> reporter: they want a deal. >> they want a deal. do you think the republicans are listening to the brains out like this like kristol and other thinkers, do you think they're willing to say we've been to prejudice to the rich. is that foreseeable? >> reporter: here's what i can tell you. when you talk to leadership and do reporting on...